$1,097,777

Experience Ocean Views In A Coastal Retreat

  • Updated: July 25
  • MLS#260215

About the Property

Amazing Location just a couple blocks to the World Famous Wildwood Beaches, Boardwalk just a few blocks to Wildwood Crest. There are two Buildings that make up this six Unit Complex. The Front Building is four Units with two on the Upper floor that enjoy Ocean Views and two on the First Floor. The apartments are bright and airy. Each features two bedrooms tastefully decorated and are being sold fu
Amazing Location just a couple blocks to the World Famous Wildwood Beaches, Boardwalk just a few blocks to Wildwood Crest. There are two Buildings that make up this six Unit Complex. The Front Building is four Units with two on the Upper floor that enjoy Ocean Views and two on the First Floor. The apartments are bright and airy. Each features two bedrooms tastefully decorated and are being sold fully furnished as seen. This home has its own private patio area and may also take advantage of the common picnic area between the two houses. There is Luxury vinyl plank flooring for convenient cleanup and to protect against sand and water brought back from the beach and an outdoor shower. Also conveniently located near the convention center, you may take advantage of all of the events in the shoulder seasons as well that are put on at that venue. The Owners have all of the Condominium Documents, Surveys, and exemptions needed should you decide to convert these to condominiums. The owners were going to sell individually and have been working on the units. 2024, the property grossed $104,000 with very little effort or Marketing. The $25,000 per unit should be easily attained and should the properties be pushed a bit more and rented over the fall and winter, you could expect another $10,000 per unit. Properly run, this property should see north of $200,000 per year.
  • Property type

    House

  • Year built

    1920

Features

  • Water View
  • Ocean View
  • Air Conditioning
  • Investment Property
  • Balcony
  • Coastal

Explore the Area

238 E Leaming Avenue Wildwood NJ 08260 USA, New Jersey, United States View on Google Maps
Price per sqft
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Brian T Reed

Joined 5 years ago
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Brian T Reed
Virginia, United States
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6
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2026
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Long & Foster Real Estate Inc.
Long & Foster Real Estate Inc.
3975 Fair Ridge Drive, 22033, Fairfax, Virginia, United States
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Long & Foster Real Estate is part of The Long & Foster Companies, a subsidiary of HomeServices of America a
Long & Foster Real Estate is part of The Long & Foster Companies, a subsidiary of HomeServices of America and the industry pioneer of the all-inclusive approach to real estate. With Long & Foster, you have access to everything and everyone you need to buy, sell, rent, invest in and own a home. Real estate. Inspection. Mortgage. Insurance. Settlement. Moving. Property Management. It’s one company and one team with one goal - your real estate success.
Last updated
July 25
First listed
Jul 24
Listing reference
3546bd6b-85c2-11f1-901e-6045bdd61ac4
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